Essex LLC Buys 66,876 Shares of Schwab US Broad Market ETF (NYSEARCA:SCHB)

Essex LLC lifted its stake in shares of Schwab US Broad Market ETF (NYSEARCA:SCHB) by 199.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 100,336 shares of the company’s stock after acquiring an additional 66,876 shares during the quarter. Essex LLC’s holdings in Schwab US Broad Market ETF were worth $2,278,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHB. Jackson Grant Investment Advisers Inc. boosted its stake in shares of Schwab US Broad Market ETF by 201.0% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 1,249 shares of the company’s stock valued at $28,000 after purchasing an additional 834 shares during the last quarter. Albion Financial Group UT lifted its holdings in Schwab US Broad Market ETF by 200.0% in the fourth quarter. Albion Financial Group UT now owns 1,260 shares of the company’s stock valued at $29,000 after buying an additional 840 shares during the period. Global Financial Private Client LLC boosted its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. Global Financial Private Client LLC now owns 1,332 shares of the company’s stock valued at $30,000 after acquiring an additional 888 shares during the last quarter. GAMMA Investing LLC boosted its position in Schwab US Broad Market ETF by 200.0% during the fourth quarter. GAMMA Investing LLC now owns 1,446 shares of the company’s stock valued at $33,000 after acquiring an additional 964 shares during the last quarter. Finally, Capital Investment Advisory Services LLC grew its holdings in Schwab US Broad Market ETF by 128.0% during the 4th quarter. Capital Investment Advisory Services LLC now owns 1,521 shares of the company’s stock worth $35,000 after acquiring an additional 854 shares during the period.

Schwab US Broad Market ETF Price Performance

Shares of NYSEARCA:SCHB opened at $23.32 on Friday. The business’s 50-day moving average is $23.20 and its 200-day moving average is $22.39. Schwab US Broad Market ETF has a 1 year low of $19.04 and a 1 year high of $23.73. The company has a market capitalization of $10.72 billion, a price-to-earnings ratio of 25.24 and a beta of 1.02.

Schwab US Broad Market ETF Company Profile

Schwab U.S. Broad Market ETF (the Fund) seeks to track the total return of the Dow Jones U.S. Small-Cap Total Stock Market Index (the Index). The Index is a float-adjusted market capitalization weighted index that reflects the shares of securities actually available to investors in the marketplace. The Fund’s index includes the 2,500 publicly traded United States companies for, which pricing information is available.